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Azimut Exploration Inc V.AZM

Alternate Symbol(s):  AZMTF

Azimut Exploration Inc. is a Canada-based mineral exploration company. The Company holds the mineral exploration portfolio in Quebec. The Company’s projects include Elmer, JB Lithium, JB Nickel and Wabamisk. Its wholly owned flagship Elmer Gold Project is advancing to the initial resource stage in the James Bay region. The Elmer property is located in the central region of the La Grande Subprovince. The property is located five kilometers (km) west of the Billy-Diamond Highway and 60 km from Eastmain, a Cree community on the east coast of James Bay. The Wabamisk property is a 40 km by 10 km gold project located about 70 km south of the Eleonore gold mine (Newmont Corporation) and has a comparable geological context and geochemical signature. Its other key projects include Chromaska, Corne, Doran, Mercator and Pilipas. The Corne property is located within the metasedimentary Opinaca Subprovince (Superior Province), close to the boundary with the Opatica Subprovince.


TSXV:AZM - Post by User

Comment by Goaweighon Dec 01, 2020 12:35am
162 Views
Post# 32007195

RE:RE:Negative reaction vs interesting results

RE:RE:Negative reaction vs interesting resultsI have and the following line sums it up pretty well.

" Of note, every hole drilled within this envelope intersected gold mineralization. "

Most exploration plays are lucky if they hit gold in ANY hole so hitting gold in EVERY hole is pretty rare.

And a new program starts in January whereas most plays wouldn't go back until June or July. 

No question we will face some pressure as we near Christmas and the usual tax loss selling but the stock should snap back quickly in the new year.

And we still have Pikwa and it's possible we might get a pleasant surprise before year end and maybe even more drilling there too.

It's still far too early to write this off , lots of potential and it's all happening pretty soon. 




givemeabreak1 wrote: invest
I still do not mind the play lots of potential.  That said, take the blinders off and read the press release the drill results sucked compared to the initial discovery!  Still lots of promise!  


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